City of Morgan Hill Fiscal Years 2020- 2022 Recommended Operating and CIP Budgets

FY 2020-21 Fund Balance Projection (continued)

7-1-2020

20-21

20-21

20-21

20-21

06-30-2021 Projected

Projected Fund Projected

Projected

Projected

Projected

Balance

Revenues

Transfers In Transfers Out Expenditures

Balance

Debt Service Funds

$

162,839 66,790 229,629

$

2,390 1,415 3,805

$

309,882 382,837 692,719

$

- -

$

307,813 388,040 695,853

$

167,298 63,002 230,301

420 Civic Center Debt

441 Police Facility Debt Service

Subtotal

$

$

$

$

-

$

$

Enterprise Funds

$

3,130,241 19,847,203 2,676,464 8,080,642 3,911,435 2,502,049 3,079,907 3,444,800 46,672,741

$

13,276,826 8,516,603

$

- - -

$

5,095,798

$

8,020,399 6,433,910

$

3,290,870 21,664,456 2,719,776 (2,098,399) 3,932,071 3,987,658 3,145,448 4,514,930 41,156,810

640 Sewer Operations

265,440

641 Sewer Impact

44,423 73,204

- -

1,111

642 Sewer Rate Stabilization 643 Sewer System Replacement

4,382,740

14,634,985 10,724,649

15,179,626 2,315,303

463,725

4,898,066

650 Water Operations

-

528,979

300,714

651 Water Impact

15,904 16,873

50,000

- -

362

652 Water Rate Stabilization 653 Water System Replacement

4,846,279 9,742,744

3,793,023 43,909,153

Subtotal

$

$

39,438,761

$

$

10,788,284

$

$

Internal Service Funds

$

386,258 65,755

$

1,867,485 3,463,694

$

- - - -

$

9,385 9,327

$

1,830,853 3,412,292

$

413,505 107,830

730 Information Systems 740 Building Maintenance 741 Building Replacement 745 CIP Administration 760 Unemployment Insurance 770 Workers' Compensation 790 Equipment Replacement

3,044,280

814,493

-

457,000

3,401,773

62,648

1,721,606

24,868

1,677,866

81,521 27,876

413

2,463

100,000

- - - -

75,000 860,730 639,750 625,000

1,973,210 5,078,239

876,368

-

1,988,848 5,523,237

1,074,748

10,000 400,005

381,654

631,229 877,248

787,888 830,436

791 Employee Benefits

1,411,780 12,404,237

-

100,769 144,349

1,357,823 10,936,313

795 General Liability Insurance

Subtotal

$

$

11,329,336

$

510,005

$

$

$

13,162,915

Agency Funds

$

56,964 104,556

$

7,896

$

- -

$

- -

$

- -

$

64,860 105,490

820 Special Deposits 830 Downtown PBID

934

MH Tourism Business Improvement District

674

573

- - - - - - -

- - - - - - -

-

1,247

835

746,202 41,561 691,931 84,906 610,432 27,280

844,184

735,947

854,439 42,144 775,662 59,951 614,912 27,723

843 MH Business Ranch 1998 AD 844 MH Ranch Reassessment 2004 845 Madrone BP (Tax Exempt)

583

-

759,750 63,213

676,018 88,167

846 Madrone BP (Taxable)

4,480

- -

848 Tennant Ave Business Park AD

443

881 Police Donation Trust

Subtotal

$

2,364,506

$

1,682,055

$

-

$

-

$

1,500,133

$

2,546,427

TOTAL - ALL FUNDS

$

107,989,217

$

138,751,027

$

16,591,640

$

16,591,640

$

145,741,539

$

100,998,705

BUDGET SUMMARY 77